PROJ 598 Week 3 Quiz Solutions

Jul 6th, 2016

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DeVry University

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1. (TCO A) What are the four common actions that winning organizations are taking to build successful partnerships?
2. (TCO A) Which of the following common actions used by winning companies to build successful partnerships would involve strategic sourcing agreements, back-sourcing arrangements, joint-equity partnerships, preferred supplier agreements, and customer agreements?
3. (TCO B) What are some of the best practices for building trust?
4. (TCO A) Describe and explain the six steps in the contract management process for the buyer. Make sure to define each of the three phases of the process.​